Kalshi Partners with Solana and Base to Advance Onchain Innovation
Kalshi announced an official partnership with Solana and Base to create an ecosystem hub for blockchain and off-chain innovation, introducing grants as its trading volume nears $900 million amid competition with Polymarket.
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Fact Check
The statement is directly and consistently confirmed across all provided evidence. Primary sources, including the official X (formerly Twitter) accounts for Kalshi and Base, and a Kalshi co-founder, explicitly state they are partnering with Solana and Base to back 'onchain innovation.' This is corroborated by multiple reputable crypto news outlets such as The Block, Blockworks, and Decrypt.
Summary
Kalshi officially announced a partnership with Solana and Base to launch an ecosystem hub supporting blockchain and off-chain innovation. According to the company’s statement on X, it will provide grants through its Kalshi Ecosystem Support Network. The press release also noted that Kalshi’s monthly trading volume reached $875 million, compared with Polymarket’s $1 billion.
Terms & Concepts
- Solana: A high-performance blockchain platform known for its fast transaction speeds and low costs, often used for decentralized applications and DeFi projects.
- Base: A Layer 2 blockchain solution built by Coinbase on Ethereum, designed to offer secure, low-cost, and developer-friendly decentralized application infrastructure.
- Kalshi Ecosystem Support Network: A grant program announced by Kalshi to fund projects and initiatives supporting both on-chain and off-chain innovation.